Four firms steer PetroRecôncavo IPO

Skadden, Arps, Slate, Meagher & Flom LLP in New York and São Paulo and BMA – Barbosa, Müssnich, Aragão in São Paulo have helped Brazilian oil and gas company PetroRecôncavo raise 1 billion reais (US$221 million) in an initial public offering on the B3 stock exchange.

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